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- Concrete Industry | Excavation Industry | HVAC Industry | Auto Repair | Janitorial
It’s called a lot of different things – workers’ compensation insurance, workers’ comp, work comp, etc. Basically, it’s a program that’s set up to make sure that injured workers are taken care of if they get hurt or contract an illness while they’re working.
The Benefits for Employers
Workers’ compensation insurance protects employers by limiting the amount of liability they have. It puts caps on what can be paid for a work-related injury. In most cases, employers transfer all of that risk to an insurance company. Consequently, they limit their liability and have some predictability built into this relationship.
Workers’ Compensation State by State
Each state has its own workers’ compensation system. That means there are different rules and regulations across the country. Even with all of the differences, there is an abundance of commonality.
However, all of the information can be confusing. Arizona looks at things differently than Utah, and Maine is not similar to Florida. Compliance can be difficult or problematic for employers.
Who needs workers’ compensation insurance?
No matter the state you live in, every employer that has nonowner employees, must carry workers’ compensation coverage.
Insurance Coverage Options
There are a couple of different options for coverage that employers choose from:
- Most companies can go to a private insurance carrier for coverage
- Many states use a state fund or provide a place where employers can go to buy coverage.
- A few states require that you buy coverage directly from the state, fewer than ever before, but there is still a handful that does it that way.
- You can find information about your particular state’s rules and regulations here
How much does workers’ compensation insurance cost?
Workers compensation insurance premiums are determined by what type of work the employee is doing. Hundreds of class codes have been set up that describe the type of work the employee is doing. There is a cost or rate that is associated with each class code. For example, a clerical employee is classified differently than a roofer or someone who is framing an apartment building. The cost for coverage is going to be less for the clerical employee.
A simple way to save money
A simple way employers can save money on their workers’ compensation insurance is by managing their experience rating modification factor (eMOD). Based on the employer’s claim history, each company develops its own experience modification factor. It is a factor that is applied to their premium.
The math is pretty simple, if an employer keeps their claims low, they will have a low eMOD. If they have more injuries and don’t handle claims well, they will have a higher eMod. An emod factor of 1.00 is average. A higher eMod of say 1.20 means that a company would pay the average (rate x payroll) plus 20% more. If a company has an eMod of .90, they would receive a 10% discount from the “average” rates.
Employers can control the cost of their workers’ compensation program by reducing injuries, and managing claims more effectively.
Ultimately, those employers pay less premium than someone who’s not paying attention as well.
Workers’ Compensation is beneficial for everyone
The workers’ compensation system is beneficial to employers because it creates a partnership between insurance carriers, employers, and other service providers like Diversified. As a brokerage firm, Diversified partners together with employers to make workplaces safer. We want employees to go to work and come home in the same condition as they left.
As a result, we want to help them create great workplaces where people can go and feel safe. This includes: use of the correct PPE (personal protective equipment), working with machinery that is guarded correctly, and providing sufficient training so everyone knows how to do their job safely. In the end, the goal is to protect employees, and when we help employers do that, everybody wins.
Industry-Specific Coverage
You may have a tech business with most of your workers in an office or possibly working from home – we have plenty of experience with those type of exposures. We also specialize in harder-to-cover industries like Concrete, Excavation, HVAC, Janitorial, and Auto Repair. This is where we shine and can help you with specialized programs to meet your company’s needs.
Concrete Industry
Coverage for Your Industry
Diversified is a trusted insurance partner of the concrete and masonry industry. With today’s concrete and masonry businesses facing unique on-the-job risks stemming from slips and falls, equipment hazards and respiratory ailments, selecting the right workers’ compensation insurance provider to protect your business and employees is crucial. We are proud of the coverage and collaboration we provide the concrete and masonry industry across our core 10-state western footprint.
Loss Control Services
Diversified and our partners offer loss control services that complement your company’s risk management solutions. We have knowledge and expertise in the concrete and masonry industry and can customize loss control services to meet your unique needs.
Industrial Hygiene: We provide silica exposure assessment through wet cutting methods, vacuums and respiratory protection.
Ergonomic Safety: We determine exposure to on-the-job hazards such as strains, sprains and tears including repetitive motion while working with concrete or masonry products and lifting heavy tools or equipment. We work with you to develop a written Safety Program for the proper use of lifts, hoists and stretching exercise programs.
Structural Controls: We evaluate controls to prevent masonry wall collapse such as the early removal of forms, improper bracing and establish limited access zone on nonscaffolded side of wall (equal to height of the wall plus 4 feet).
Fall Protection: We work with you to develop a Written Fall Protection Program by evaluating fall protection controls including proper scaffolding erection (certified and tagged) and other fall protection above six feet. We assess slips, trips and falls exposures by evaluating worksite housekeeping and proper footwear (steel-toed/anti-slip boots),
Training: We provide training on the above hazards with our affiliate partners.
Excavation Industry
Coverage for Your Industry
Diversified is a trusted insurance partner of the excavation industry. With today’s excavation and trenching workers facing some of the most hazardous construction operations, selecting the right workers’ compensation insurance provider to protect your business and employees is crucial. We are proud of the coverage and collaboration we provide the excavation industry across our core 10-state western footprint.
Loss Control Services
Diversified and our partners offer loss control services that complement your company’s risk management solutions. We have knowledge and expertise in the concrete and masonry industry and can customize loss control services to meet your unique needs. We have knowledge and expertise in the excavation industry and can customize loss control services to meet your unique needs.
Trenching: We evaluate trenching, shoring and cave-in protection and work with you to develop a Written Trenching and Excavation Safety Program to include sloping/ benching, shoring with supports, shoring with trench boxes and trench exit strategy.
Equipment Management: We provide assessment of equipment contact including the separation of vehicles and equipment, backup alarms, high visibility clothing, equipment firing line, process for overhead powerline and UG line controls and train equipment operators on their blind areas (NIOSH Diagrams).
Fall Protection: We can assess slips, trips and fall exposures including walking on uneven surfaces, surveying the construction area for hazards, proper footwear and how to maintain 3-points of contact during mounting and dismounting equipment.
Load Safety: We evaluate controls to prevent falling loads such as keeping equipment away from trench edges, ensuring materials are stacked at least two feet from trench edge and no working under suspended loads.
Training: We provide training on the above hazards with our affiliate partners.
Heating, Ventilation and Air Conditioning (HVAC) Industry
Coverage for Your Industry
Diversified is a trusted insurance partner of the Heating, Ventilation and Air Conditioning (HVAC) industry. With today’s HVAC businesses facing unique on-the-job risks stemming from electrical hazards, chemical exposures and fall protection, selecting the right workers’ compensation insurance provider to protect your business and employees is crucial. We are proud of the coverage and collaboration we provide the HVAC industry across our core 10-state western footprint.
Loss Control Services
Diversified and our partners offer loss control services that complement your company’s risk management solutions. We have knowledge and expertise in the HVAC industry and can customize loss control services to meet your unique needs.
Chemical Exposures: CopperPoint has the expertise to develop a written Hazard Communication program for the HVAC industry. We assess exposure to refrigerants, cleaning chemicals, solvents and gases to determine proper PPE usage.
Respiratory Protection: We determine exposure to molds, fungus, bacteria and carbon monoxide. We work with you to assess confined space exposures and have the expertise to develop a written Confined Space program.
Fall Protection/Ladder Safety: Develop a written Fall Protection program including use of ladders and mechanical lifts.
Electrical hazards: Develop written Lock Out/Tag Out program.
Training: We provide training on the above hazards with our affiliate partners.
Auto Service/Auto Repair
Coverage for Your Industry
Diversified is a trusted insurance partner of the auto service and repair industry. With today’s auto technicians facing unique on-the-job risks including chemical burns, slip and fall accidents and strains from heavy lifting, selecting the right workers’ compensation insurance provider to protect your business and employees is crucial. We are proud of the coverage and collaboration we provide the auto service and repair industry across our core 10-state western footprint.
Loss Control Services
Diversified and our partners offer loss control services that complement your company’s risk management solutions. We have knowledge and expertise in the auto service/auto repair industry and can customize loss control services to meet your unique needs.
Ergonomic Safety: We determine exposure to on-the-job hazards such as strains, sprains and tears including repetitive motion while working under the hood or chassis, lifting heavy tools or equipment. We work with you to develop a written Safety Program for the proper use of lifts, hoists and stretching exercise programs.
Eye Protection: We develop a comprehensive Eye Protection Program for working under vehicle chassis and the proper use of goggles or face shields when grinding.
Chemical Safety: We have expertise in the proper handling of flammable and combustible liquids to determine proper PPE usage.
Fall Protection: We can assess slips, trips and fall exposures including control of grease and other chemical spills, prompt cleanup, use of signage, use of floor-dry materials and the use of protective anti-skid footwear.
Training: We provide training on the above hazards with our affiliate partners.
Janitorial Industry
Coverage for Your Industry
Diversified is a trusted insurance partner of the janitorial industry. With today’s janitorial businesses facing unique on-the-job risks stemming from ergonomic injury, electrical shock and fall accidents, selecting the right workers’ compensation insurance provider to protect your business and employees is crucial. We are proud of the coverage and collaboration we provide the janitorial industry across our core 10-state western footprint.
Loss Control Services
Diversified and our partners offer loss control services that complement your company’s risk management solutions. We have knowledge and expertise in the janitorial industry and can customize loss control services to meet your unique needs.
Chemical Exposure: CopperPoint has the expertise to develop a Written Hazard Communication program for the janitorial industry. We assess exposure to blood-borne pathogens, universal controls, limit the transfer of chemicals into unlabeled containers and possible Hepatitis B inoculations to determine proper PPE usage.
Fall Protection: Assess slips, trips and fall exposure including the use of non-slip footwear, proper procedures for waxing/stripping floors and special attention to walking surfaces when working at night.
Safe Lifting: Determine potential strain injuries including safe lifting procedures, maximum weight allowed, attention to weight of equipment used and stretching programs to minimize strains and sprains.
Training: We provide training on the above hazards with our affiliate partners.
Let’s talk
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Where to find us
Main Headquarters
136 E South Temple # 2300
Salt Lake City, UT 84111
801.325.5000 info@diversifiedinsurance.com
Utah County Office
1064 S North County Blvd #100
Pleasant Grove, Utah 84062
801.325.5000 info@diversifiedinsurance.com